Comment on Barneys to sell assets to Authentic Brands, B. Riley for $271 million in cash

Barneys to sell assets to Authentic Brands, B. Riley for $271 million in cash

Luxury department store chain Barneys has reached an agreement to sell its assets to brand developer Authentic Brands Group and investment bank B. Riley Financial, a court document showed. The deal comes as a “stalking horse purchase agreement”, with the price estimated to be about $271.4 million in cash, according to the court filing on...

 

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